2023 has been an eventful year for impact-focused investors. Following years of increased participation and interest in responsible investing, in recent months there has been some push back on these strategies. Critics have argued that investors should consider only financial factors and metrics when evaluating companies for investment, and should not factor in potential risks … Continued
The S&P 500 calmly added +3.11% in July, continuing its new bull market run from the lows of last October. With the exception of a few days around the regional bank failures, it’s been a market rally characterized by markedly subdued volatility. For example, the CBOE VIX index, sometimes referred to as Wall Street’s “Fear … Continued
While the drivers, effects and outlook for a down market tend to engulf investors attention, when markets are marching higher, there are often fewer questions and less consternation. While many investors are not keen to argue with a strong market, and are enjoying the latest bull run, we’d encourage investors not to lose the thread … Continued
After 248 trading days in bear market territory — the longest bear market since 1948 — the S&P 500 entered a new bull market June 8. Optimism has been driven by softening inflation, a timely deal on the debt ceiling and huge gains in the tech sector, particularly for companies involved in artificial intelligence. According … Continued
Wall Street loves its adages. “Sell in May and go away,” “Don’t catch a falling knife” and “Buy the rumor, sell the news” are just a few examples. Like many sayings, there may be examples of truth in some of these. For example, over the last 25 years, markets have earned on average around +2.10% … Continued
It was an exciting March for college basketball fans, with the annual national tournaments offering no shortage of surprises and great games. It was also an eventful month for markets, with the collapse of Silicon Valley Bank and Signature Bank in just a matter of days, setting off market volatility and an urgent government response. … Continued
In January 2023, the United States added an astounding 517,000 jobs, and the unemployment rate fell to 3.4% — the lowest level since 1969, before the first moon landing. Measures such as GDP growth, retail sales and the ISM services survey all currently point toward healthy consumer spending and a growing economy. While low unemployment, … Continued
It’s been said that any recession taking place in 2023 may be the most expected and anticipated recession in history. The Federal Reserve, forced to hike interest rates at the fastest pace on record in 2022, is setting out to slow down and cool off the economy by design, in order to fight inflation. It’s … Continued
Markets continued their rally from recent lows through October and November but have struggled as we end the year so far through December. Many of the key drivers remain the same, with decades-high inflation forcing the Federal Reserve and central banks around the world to raise interest rates and tighten monetary conditions at a historic … Continued
The S&P 500 saw a healthy rally in October, and at the time of this writing, has continued a strong rebound off of September lows. A main catalyst for this has been a surprise slower-than-expected inflation report for October that drove the S&P 500 up +5% in a single day after it was released. Inflation, … Continued